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Money

Second charge mortgage new business volumes grow in 2017

Second charge mortgage new business volumes continued to grow in 2017. Commenting on the 2017 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & Leasing Association (FLA), said: …

Second charge lending up 4% in September

New figures released by the Finance & Leasing Association (FLA) show growth of 7% in consumer finance new business in September, compared with the same month last year. In Q3 2016, new business was also up by 7% compared with …

The Smart journey for “independence”

Specialist master broker Smart Money has demonstrated how working with introducers who want to retain their “independent” status and advise on second charges should work, by completing an MCD case in just 8 days with Optimum Credit. Hannah Joyce at …

Y3S completes its largest ever secured loan

The intermediary-only packager has completed a £900,000 second charge loan in just 13 days.  It was processed through Prestige Finance (Prestige Finance Ltd.) Unable to find a mortgage lender to fund the case, it was received on a Friday afternoon …

Access 4 Finance complete loan with no processing costs

Whilst most headlines in the secured loan world seem to be about rates getting lower, other significant changes to lenders’ criteria have allowed Access 4 Finance to complete a secured loan enquiry with no processing costs. The case that was …

Second charge lending up 17% in February

Figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 7% in the twelve months to February 2015. Retail store and online credit grew by 6% in the same period and second …

Secured Loan Index shows a surge in monthly lending

The latest Secured Loan Index from Loans Warehouse shows that monthly lending in February reached £64,375,673 – an increase of 10.5% on the previous month, and the 40th consecutive monthly year on year increase. Monthly lending figures of £64,375,673 represent …

Fluent Money

Case Study: Fluent Alternative to remortgage

  Fluent Money were approached by a director of a press company and his wife looking to fund a large extension to their home to increase the value of the property in the hope of selling it in the future. …